What you need to know about Proposed Property Tax Amendment 3:
Florida voters will decide on this proposed constitutional amendment on November 3, 2026
VOTER APPROVAL
REQUIRED TO PASS
REQUIRED TO PASS
60%
AT A GLANCE: PROPOSED CHANGES
🏠
Homestead
Exemption
Increases the exemption amount for properties with homestead exemption.
📈
Non-Homestead
Assessment Cap
For non-homesteaded properties, the annual assessment cap would change from 10% to 5%.
Florida Residency
Requirements
Additional residency requirements would apply for new Florida residents after January 1, 2027.
🎓
School
Taxes
No changes to school taxes. Exemption amount remains at $25,000.
HOMESTEAD EXEMPTION AMOUNTS IF APPROVED
$150,000
Homestead exemption beginning January 1, 2027
$250,000
Homestead exemption beginning January 1, 2028
If approved by voters, applies to non-school taxes only.
Exemption amounts would apply to qualifying homestead properties only and are subject to the requirements of the Constitution and any implementing legislation.
IMPORTANT DATES
November 3, 2026
Election Day
Voters will decide on the proposed constitutional amendment.
January 1, 2027
Effective Date
If approved by 60% of voters, the amendment would take place.
November 2027
First Tax Bills
Changes would first be reflected on 2027 tax bills if approved.
QUICK FACTS
💲
Property taxes would not be eliminated.
🎓
School taxes would still apply.
💲
Save Our Homes and portability remain unchanged.
🏠
Existing personal exemptions (veterans, seniors, widows/widowers, first responders, and disabled persons) remain unchanged.
🚒
Does not apply to “Non-Ad Valorem” assessments or fees. Flat fees imposed by taxing authorities which are not based on your property’s value.
For informational purposes only. The Charlotte County Property Appraiser's office does not support or oppose this ballot item.
CHARLOTTE COUNTY PROPERTY APPRAISER